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A customer holds a fuel nozzle at a Shell gas station in Hercules, California, U.S., on Wednesday, June 22, 2022. President Joe Biden called on Congress to suspend the federal gasoline tax, a largely symbolic move by an embattled president running out of options to ease pump prices weighing on his party’s political prospects. Photographer:

James Bullard at Jackson Hole, Wyoming. David A. Grogan | CNBC Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation and that there is still a risk that prices pick up once again. Between March 2022 and July 2023, the FOMC enacted a run

[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Thursday to a monetary policy panel presented by the International Monetary Fund. The U.S. central bank leader’s remarks follow a Fed decision last week

Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of inflation but are unsure whether they’ve done enough to keep the momentum going. Speaking a little more than a week after the central bank voted to hold benchmark policy rates steady, Powell said in remarks

In this article TLT BIL HOOD Follow your favorite stocksCREATE FREE ACCOUNT Jack Bogle Mark Lennihan | AP Boring investing is making a comeback. With the meme-stock rally in the rearview mirror and interest rates surging, individual investors are rediscovering the philosophy made famous by Vanguard’s founder, Jack Bogle. The father of market indexes preached

In this article Follow your favorite stocksCREATE FREE ACCOUNT Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known as dividend monarchs. That’s a top strategy for Roundhill Investments, which launched its S&P Dividend Monarchs ETF this month. “It’s named that for a reason. It

Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, 2023. Joseph Nair | Bloomberg | Getty Images The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told CNBC’s Dan Murphy at the company’s Ripple

Mary Daly, president of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, on Nov. 12, 2018. Ann Saphir | Reuters Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel too comfortable,

Chinese business database Qichacha said it passed a data export security assessment that allows the company to resume overseas operations. Vcg | Visual China Group | Getty Images BEIJING — Chinese business database Qichacha said Friday it passed a data export security assessment that allows the company to resume overseas operations. The news signals an

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters BEIJING — U.S. chipmaking giant Nvidia has reportedly found a way to sell high-end chips to Chinese companies — while remaining compliant with U.S. rules aimed at curbing China’s access to the

Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association. Nurphoto | Getty Images BEIJING — Chinese startup Li Auto sold more cars than Tesla’s China business did in October, according to the China Passenger Car Association. The startup sold a record

In this article Follow your favorite stocksCREATE FREE ACCOUNT Traders working at the New York Stock Exchange (NYSE), on Sept. 20th, 2023. NYSE It’s quiet out there in IPO land — very quiet. This is it: the weeks before Thanksgiving usually bring a spate of large IPOs eager to go public before the holiday season

A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023.  Denis Balibouse | Reuters UBS on Tuesday reported a bigger-than-expected third-quarter net loss of $785 million as it works to integrate fallen rival Credit Suisse. Analysts polled by Reuters had anticipated the Swiss banking giant would record quarterly net loss of

Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly. “Because of some of the strangeness of this moment, there is the possibility of the golden path … that we got inflation down without a recession,” Goolsbee

People attend a launch ceremony of Inceptio’s autonomous driving system on March 10, 2021 in Shanghai, China. Huanqiu.com | Visual China Group | Getty Images BEIJING — China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology. It’s a critical step toward monetization in a nascent business that’s drawn many investor dollars,

Fabrice Coffrini | Afp | Getty Images UBS on Wednesday began selling Additional Tier 1 (AT1) bonds — which were at the heart of controversy during its emergency rescue of Credit Suisse — for the first time since completing the takeover. The Swiss banking giant is marketing two tranches of U.S. dollar AT1 bonds, a

In this article HSBA-GB Follow your favorite stocksCREATE FREE ACCOUNT HSBC is the largest bank in Europe by total assets. Nicolas Economou | Nurphoto | Getty Images HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution to embrace digital assets. HSBC is using technology

Visitors around the Charging Bull statue near the New York Stock Exchange, June 29, 2023. Victor J. Blue | Bloomberg | Getty Images The S&P 500 is up 14% this year, but just eight days that explain most of the gains.  If you want a simple indication of why market timing is not an effective

The Cleveland Federal Reserve launched a search Wednesday for its new leader, after current President Loretta Mester retires in mid-2024. Often one of the central bank’s bigger proponents for tighter monetary policy, Mester, 65, will reach mandatory retirement as she will have served in her current position for 10 years come June of next year.

In this article C Follow your favorite stocksCREATE FREE ACCOUNT CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC. Alex Wong | Getty Images When Citigroup CEO Jane Fraser announced in September that